24
May
11:12
XPeng's stock price falls as Q1 net loss widens
XPeng's stock price fell for two consecutive days following the release of its 2022 first quarter financial report. The report shows a widened net loss.
On 23 May, its stock price went down by 6.5%, and it went down another 9.14% on 24 May.
For the first quarter of 2022, XPeng's total revenue reached CNY 7.45 billion ($1.18 billion), a year-on-year increase of 152.6% and a quarter-on-quarter decline of 12.9%; its …
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Very good overview of the weekly steel market.
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